Minister approves $140m public housing project

Victorian planning minister Justin Madden has permitted a $140 million public/private housing project, in Melbourne’s south east.

The Ashwood Chadstone Gateway affects six sites around Warrigal Road, Holmesglen and Jordanville train stations, Ashwood Reserve and Harlequin Rugby Club.

The proposal, approved Thursday, allows for towers of between four and seven storeys.

It is the latest public housing initiatives to advance in coming months – part of a push by federal and state governments to build 80,000 affordable and social dwellings by 2012.

Ashwood Chadstone Gateway will contribute 211 residences.

They will be managed by the Port Phillip Housing Association.

Seventy additional units will be offered for private sale.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.